Fri, 15 Jun 2012 12:36:47 GMT
U.K. trade balance declined more than expected
According to official data, the trade
balance in the U.K. fell more than it was previously expected. On
Friday, National Statistics reported that the British trade balance
declined to minus 10.1 billion Pounds on a seasonally adjusted basis
from the preceding month's minus 8.7 billion. Analysts' forecast,
however, was that the trade balance would be minus 8.5 billion Pounds.